1.9 billion dollar school bond

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cowadle

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so this is a reality? they are asking for a 1.9 billion dollar bond? basically 2 billion dollars??? what would the interest be on such a bond? 60 million dollar per year interest?????

What is the interest on 1 billion dollars per year?

So what is the answer? What is the income on $1 billion dollars per year?

  • With 1% interest, you’d make $10 million a year. That’s just for the money to sit there and collect!
  • At 3% interest, you’d earn $30 million per year.
  • At the annual rate of return of 8%, that’s $80 million a year!
copied from internet
 

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